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Stocks opened higher Tuesday after Monday's late selloff as international markets bounced back amid expectations of a U.S. rate cut.
Today the number two Japanese auto market, Honda Motor Co, warned of lower-than-expected annual profits as a deepening financial crisis has hammered demand for cars and sent the yen soaring according to Reuters.
Stock index futures pointed to a substantial gain at the open Tuesday, following Monday's late selloff, as international markets rebounded and investors pondered the effect of an upcoming expected interest-rate cut.
The guys go behind the headlines and give you their take on market volume, oil, General Motors and more. Find out where they're making fast money.
As investors continue to debate whether the stock market could be near a bottom, data for the last twelve bear markets indicates that, on average, it took the Dow three years to reach its previous highs.
This week is not only the last one of the month. It's also the week that could determine if GM holds on to the top spot in monthly auto sales in the U.S.
Whether it's the Wall Street Journal speculating about Cerberus Capital pushing for "fresh air" in the management at GM, or the steady flow of e-mails I get from people saying "Wagoner must go!", there is no shortage of people suggesting GM's leadership needs to change.
Cramer makes the call on viewers' favorite stocks.
Stocks made a third attempt at a rally Thurdsay though techs took a beating amid worries about the outlook for the sector.
Some of Wednesday’s beaten up groups – energy, utilities, and telecom, rebounded nicely and posted some strong gains, while materials and financials continued to see some weakness.
A rally spurred by bargain hunting fizzled Thursday as weakness in technology leaders offset strength energy-related companies.
Stocks wavered after an early pop Thursday as the latest batch of earnings and a disappointing weekly jobless report stoked recession fears.
S&P futures moved about 40 points off their highs of the morning, before posting a slight rebound off the lows late in the morning. They are finishing the morning session only down slightly.
This morning GM and Chrysler announced a fresh round of job cuts due to the stunning drop in business and their balance sheets.
The cruel earnings season for the American worker intensified Wednesday as more companies announced layoffs.
Ever since word first leaked out about GM talking with Cerberus Capital about buying Chrysler, I've had two basic conversations with those in the companies, in the industry, on Wall Street, and you the reader/viewer.
Despite the threat of a slowdown, at least one major investor appears bullish on casinos and hotels.